Exchange rate overvaluation and agrarian ground rent transfers in Uruguay: 1955-2019
نویسندگان
چکیده
ABSTRACT This paper measures with a novel methodology the amount of agrarian ground rent intersectoral transfers in Uruguay and its relative weight national surplus value during period 1955-2019. In order to this, identifies mechanisms through which is transferred from landowners industrial commercial capitals. The main results show that transfers, particular exchange rate overvaluation, was recurring mechanism has been central for capital accumulation. These complement appropriated by individual capitals, however, at same time, consolidate rentier nature due chronic overvaluation rate.
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ژورنال
عنوان ژورنال: Brazilian Journal of Political Economy
سال: 2023
ISSN: ['0101-3157', '1809-4538']
DOI: https://doi.org/10.1590/0101-31572023-3259